Great Tory housing shame: Third of ex-council homes now owned by rich landlords

[joebloggs]

it just shows from the graph none of the money from the sale of the houses went to build new ones

maybe the councils should have been forced to build new houses, it would have created jobs and new houses. and I'm sure they could have made a profit as it would probably be cheaper to build a new house compared to what they got for the sold council house even after any discount.. so where did the money go

[andy222]

it just shows from the graph none of the money from the sale of the houses went to build new ones

maybe the councils should have been forced to build new houses, it would have created jobs and new houses. and I'm sure they could have made a profit as it would probably be cheaper to build a new house compared to what they got for the sold council house even after any discount.. so where did the money go

In some torys back pocket no doubt.

[imagine]

I'm sure they could have made a profit as it would probably be cheaper to build a new house compared to what they got for the sold council house even after any discount.. so where did the money go

i remember when i worked for bradford council, they said the council houses built just after the war,were built using a loan and the local council was still paying the loan back then in my 20s,
so idoubt they made very much on the sales